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Petrobras Signs First Northeast Free‑Market Gas Deal With Cerbras, Supply Starts March 1

The agreement signals Petrobras’ push into direct industrial sales under Brazil’s liberalized gas model.

Overview

  • The companies signed the contract on Feb. 12, 2026, with deliveries scheduled to begin on March 1.
  • Cerbras becomes the first industrial customer in Brazil’s Northeast to migrate to the free market with direct supply from Petrobras.
  • Cerbras is the largest non‑thermal industrial natural gas consumer in Ceará, highlighting the deal’s regional significance.
  • Ceará’s updated rules for free‑market gas access and closely aligned technical work enabled a negotiation described as record speed.
  • Petrobras characterizes the pact as part of its commercial repositioning toward direct contracts, following a similar deal in Santa Catarina last year, and it did not disclose volumes or term.